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Financial Analyst

Financial Analyst

Job Title: Financial Analyst
Contract Type: Contract
Location: Sydney
Industry:
Salary: Market Rate
Start Date: 2021-03-16 00:00:00
Reference: V-38771
Contact Name: Maria Fabello
Contact Email: mariaf@whizdom.com.au
Job Published: March 17, 2021 14:14

Job Description

Role Title: Financial Analyst

Location: Sydney CBD 2 days p/week + WFH 3 days p/week
Hours per day: 7 Hours per week: 35

Start Date : ASAP
End date: 24 September 2021

Primary purpose of the role

To provide accurate quantitative-based information in relation to financial and operational performance, solvency and on-going sustainability. 

To research and analyse relevant economic, social and financial trends to assist the Director, Business Operations, Investment & Governance in making recommendations that will support a robust and sustainable funded Sector.

Key accountabilities
  • Consolidate and analyse financial data (budgets, income statement forecasts etc) 
  • Prepare financial viability assessment reports to support funding deliberations.
  • Assemble and summarise data to structure sophisticated reports on financial status and risks
  • Develop financial models and conduct benchmarking using relevant sector-specific analysis
  • Research past, future and comparative performance to develop meaningful and accurate forecast models – particularly regarding the impact of significant socio-economic events such as COVID-19 on the financial performance of the funded sector.
  • Identify trends and recommend actions to the Director, Business Operations, Investment & Governance based on sound analysis
  • Track and determine financial status of funded organizations’ by analysing actual results in comparison with forecasts. 
  • Work collaboratively with funding bodies in relation to financial analysis of co-funded organisations
  • Reconcile data by comparing and correcting data
  • Consult across the team to help guide and influence long term and strategic decision making in relation to the financial performance of funded organisations and the sector in general.
Key challenges
  • Complex financial analysis on occasion being required at short notice as a result of a media, public or internal government inquiry
  • Need to build a high level of trust with internal and external stakeholders to ensure that information collected is accurate and complete
  Decision making
  • Receives advice and guidance from the Director, Business Operations, Investment & Governance including seeking guidance on the more complex and difficult issues or matters with broader implications
  • Has responsibility to determine own day to day work priorities within the overall agreed work program
  • Is required to comply with applicable sector and Department legislation, financial policy, frameworks and procedures financial delegations and professional practice standards
Essential requirements
  • 3-5 years relevant work experience
  • Proficient in spreadsheets, databases, MS Office and financial software applications
  • Hands on experience with statistical analysis and statistical packages
  • Outstanding presentation, reporting and communication skills
  • Proven knowledge of financial forecasting and diagnosis, corporate finance and information analysis
  • Relevant tertiary qualification and membership of a recognised professional accounting body such as CPA Australia or Institute of Chartered Accountants in Australia highly regarded

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